M&A - AMCOR GROUP FINANCE PLC

Form Type: S-4

Filing Date: 2025-07-15

Corporate Action: Merger

Type: New

Accession Number: 000110465925068078

Filing Summary: Amcor Flexibles North America, Inc., a wholly-owned subsidiary of Amcor plc, is engaged in offering a series of exchange offers to swap new guaranteed senior notes due in 2028, 2030, and 2035 for corresponding outstanding old notes of the same series. The exchange offers involve registered securities under the Securities Act of 1933 and aim to exchange up to $725 million in 4.800% guaranteed senior notes, $725 million in 5.100% notes, and $750 million in 5.500% notes. The proposal allows liquidity in the market for the participants by eliminating transfer restrictions for the new notes. Notably, the prospectus indicates that the old notes will be retired and cancelled upon exchange, meaning there will be no increase in outstanding indebtedness. The exchange offers, which have specific terms including their expiration and the nature of guarantees by Amcor plc and associated entities, are aimed at facilitating better market access for investors. They do not impose any minimum tender conditions nor entail any proceeds for Amcor from the exchange.